Tag: economics
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Claudia Goldin wins Nobel economics prize for work on women’s pay
An economic historian and Harvard professor, Claudia Goldin, has been awarded with the Nobel Prize in economics for her work examining the gender pay gap. Goldin’s unprecedented research highlights the fact that women, despite their higher academic qualifications, are paid less than men; and that mostly this difference arises after childbirth. “This year’s Laureate in…
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Khalifa nan-khatai lover, US Ambassador Donald Blome wants more women in the Pakistani workforce
US Ambassador to Pakistan, Donald Blome, visited Lahore from September 4-6 and The Current got the opportunity to sit down with him and have a little chat. And yes, you read it correctly. The ambassador is a lover of Khalifa nan-khatai. He told us that he discovered the biscuits last year when he came to…
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Finance Ministry hits out at Atif Mian’s ‘nonsensical’ label for Pakistan’s economic policies
The Ministry of Finance strongly responded on Saturday to recent remarks made by Pakistani-American economist Atif Mian, criticising his lack of practical understanding of economics. Mian had labelled the government’s economic policies as ‘nonsensical’ and suggested that Pakistan should take decisive actions to restructure its economy, citing Ghana and Sri Lanka as examples. In response,…
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The recent ban on imports might barely make a dent
On Thursday, May 19th, 2022, the federal cabinet issued a list of 41 items which will be banned from being imported for two months. This is in an attempt to address the current account deficit. The list of products is banned from being imported into the country, which means that essentially any shops or restaurants…